The United States faced a deadline Friday to nominate a new World Bank chief, as strong candidates backed by emerging countries ramped up the pressure on Washington to name a high-profile figure. The White House has until 6:00 pm (2200 GMT) to...

Women in the developing world have made strides in education, but still lag far behind men in opportunities, a gender gap that is hampering growth, the World Bank said in a report. Calling on countries to work to shrink that gap, the World Bank...

SINGAPORE — World Bank head Robert Zoellick said Tuesday he was confident the United States would not sink into another recession, despite widespread fears over the state of the world’s biggest economy. Zoellick’s comments come just...

WASHINGTON — Food prices near record peaks and volatility in commodity markets are driving the lives of the world’s poorest people to the edge of survival, the World Bank warned Monday. Global food prices in July were 33 percent higher...

WASHINGTON — Top US administration officials Thursday vehemently denied a report by the Reuters news agency that Secretary of State Hillary Clinton was in talks to become the next head of the World Bank. “It’s 100 percent untrue,...

WASHINGTON (Reuters) – World Bank President Robert Zoellick on Tuesday unveiled $6 billion in funding to help Tunisia and Egypt address budget and reserve shortfalls this year and next, following popular uprisings that ended years of...

PARIS (AFP) – World Bank president Robert Zoellick warned leaders of the top global economies Saturday that the world is reaching a danger point where soaring food prices threaten further political instability. “I mentioned that we are...

WASHINGTON – Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned Tuesday. Food costs are continuing to rise to near 2008 levels, when price spikes in food and oil had...